Banking
not for profit institutions where members have ownership
What are credit unions?
this must be completed to be awarded federal aid and scholarships
What is FAFSA?
card issued by a bank that automatically takes money out of your checking account
What is a debit card?
a list of income and expenses
What is a budget?
electronically taking on someone else's personal information
What is identity theft?
for profit institutions owned by shareholders
What are banks?
how much you and your family are expected to pay toward college
What is EFC?
yearly interest that is generated by the amount charged to a card
What is APR?
rent, utilities, groceries, car insurance, cell phone bill
What are expenses?
using different and unique ones on each login can help deter identity thieves
What are passwords?
account with a higher interest rate but with limited ability to withdraw
What is a savings account?
federal money for college that does not have to be paid back
What are grants?
many credit card offer these to encourage customers to open accounts
What are rewards?
wages and salary earned
What is income?
written personal information should always be
What is shredded or blacked out?
account for everyday purchases, bills
What is a checking account?
competitive money for college that requires an application, essay, and certain requirements
What is a scholarship?
paying the least amount on your credit balance each month
What is minimum due?
money leftover from the monthly budget should go here
What is savings or investment?
this nine digit number should not be shared in non-secure platforms
What is your social security number?
What is an ATM?
money for college that MUST be paid back with interest
What is a loan?
some credit cards require this yearly payment
What is an annual fee?
sticking to a budget can help you reach this
What are your financial goals?
if you notice strange charges or withdrawals from your account you should first contact them
Who is your bank or company?